Monday, 6 July 2015
Last updated 4 hours ago
Jun 10 2011 | 12:01pm ET
Hedge funds continued to rake in money from investors, according to hedge fund administrator GlobeOp Financial Services.
The firm's GlobeOp Capital Movement Index has risen 1.36% over the past month, indicating that inflows were larger than redemptions over the period. The index has risen 13.6% over the past 12 months.
"Investors remain committed to hedge funds despite volatility in many markets," GlobeOp CEO Hans Hufschmid explained.
Still, investors are apparently becoming somewhat more wary: Gross inflows were 2.03% during the period, their lowest level in two years. Indeed, the rise in the index over the past month was substantially down from the previous month's 2.29%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…